Time to Get Into Chinese Property Bonds, Says UBS’s Briscoe

The video discusses China's recent economic changes, focusing on the end of deleveraging and the reintroduction of trusts, which allows banks to lend to the private sector. This has led to a rally in Chinese property bonds, outperforming US high yield bonds. The video also explores the dynamics between the equity and bond markets, noting a shift of funds into equities and the use of Chinese government bonds as collateral. The inclusion of the bond market into global indexes is expected to bring significant inflows, impacting the equity market. Finally, the video highlights the ease of access for global investors to Chinese markets.

What trends are being observed in the high yield market in Asia compared to the US?

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What are the implications of the bond market inclusion into global indexes for China?

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